Bravida Holding AB has a Cash Ratio of 0.08. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Bravida Holding AB's Cash Ratio or its related term are showing as below:
OSTO:BRAV'
s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.21
Current: 0.08
During the past 12 years, Bravida Holding AB's highest Cash Ratio was 0.21. The lowest was 0.04. And the median was 0.09.
OSTO:BRAV's Cash Ratio is ranked worse than 83.61% of 1702
companies
in the Construction industry
Industry Median: 0.3
vs OSTO:BRAV: 0.08
Bravida Holding AB Cash Ratio Historical Data
The historical data trend for Bravida Holding AB's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Bravida Holding AB's Cash Ratio
For the Engineering & Construction subindustry, Bravida Holding AB's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bravida Holding AB's Cash Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Bravida Holding AB's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Bravida Holding AB's Cash Ratio falls into.
Bravida Holding AB Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Bravida Holding AB's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bravida Holding AB (OSTO:BRAV) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Bravida Holding AB Cash Ratio Related Terms
Thank you for viewing the detailed overview of Bravida Holding AB's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bravida Holding AB is a provider of installation and services for real estate and facilities in the Nordic region. Its services deliver energy, heating, cooling, water, and air components to properties, and help provide an environment suited to customer preferences. Technological systems and maintenance can modernize buildings and help to extend sustainable solutions. Revenue is roughly split between Bravida's two primary business divisions: installation and service. The combination of the two business activities allows the company to work with customers throughout the lifecycle of a property. The company attempts to create long-term solutions and perform scheduled maintenance to ensure quality and monitor progress.
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